The lifetime learning credit is 20% of the first $10,000 of qualified educational expenses (Sec

The lifetime learning credit is 20% of the first $10,000 of qualified educational expenses (Sec

Lifetime learning http://paydayloanadvance.net/payday-loans-tx/ credit. 25A(c)), for a maximum credit of $2,000 for any taxpayer; therefore, a taxpayer with multiple qualifying children is still limited to $2,000. As is the case for the American opportunity credit, eligible expenses do not include room and board, and, unlike with the American opportunity credit, they do not include books and other course materials. (más…)

Continuar leyendo The lifetime learning credit is 20% of the first $10,000 of qualified educational expenses (Sec